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Tag: Agreement for Sale

Contract relating to immovable property, time cannot be essence of Contract- Explain

In a contract for sale of immoveable property, normally it is presumed that time is not the essence of the contract. Even if there is an express stipulation to that effect, the said presumption can be rebutted. It is well settled that to find out whether time was the essence of the contract. It is better to refer to the terms and conditions of the contract itself.

Scope of an Agreement of Sale

Scope of an Agreement of sale   Section 54 of the Transfer of Property Act makes it clear that a contract of sale, that is, an agreement of sale does […]